Looking to Win Over Regulators, News Corp. Might Spin Off Sky News

As early as Thursday, Rupert Murdoch’s News Corporation could announce plans to split off Sky News in order to gain approval from U.K. regulators for its planned takeover of British Sky Broadcasting, according to the BBC.
 
According to reports, the plan would see the Sky News channel formally separated from BSkyB. The likely scenario is that News Corp. would keep its current minority stake in the news channel while taking full control of the rest of BSkyB.

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